What are the business and financing risks associated with the acquisition of genentech? is february 2009 a good time to do the deal? do you believe the bond issuance will have an impact on roche's bond rating? what are the prevailing spreads for non-roche bonds? do you think these spreads are similar to investors required yield for roche bonds? what is your specific recommendation for the coupon rate for the roche 5-year, 10-year, and 30-year u. s. dollar bonds? what coupon rate would you recommend for the seven-year bond in euros?

Brian has just finished college. he wants to set up a small business to make and sell fireworks. he registers his company and acquires a license from the government. he finds that most of his competitors are selling fireworks at an extremely low price. he would like to make more money, so he decides to innovate and develop better fireworks. he sells his fireworks at a higher price, and they are a huge hit with the customers. after a few years, he earns enough profit to set up a bigger fireworks factory that complies with the government’s health and safety regulations. he even starts exporting fireworks overseas. which type of economy does this scenario describe?